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E-Naira Wallet Ready for Use By Nigerians – CBN

The Central Bank of Nigeria has said that Nigerians will be able to open an e-Naira wallet and conduct transactions by simply using a designated USSD code of *997# on any phone.

The Governor of Central Bank of Nigeria (CBN) Governor Godwin Emefiele stated these at the Grand Finale of the 2022 eNaira Hackathon in Abuja.

According to him: “Nigerians, both banked and unbanked, will be able to open an eNaira wallet and conduct transactions by simply dialling *997# from their phones.

“Shortly after this, both merchants and consumers with bank accounts can use the NIBSS Instant Payment (NIP) to transfer and receive eNaira to any bank account”.

“This will further deepen the integration of the eNaira with the existing national payment infrastructure”.

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